JP Morgan, DBS and Mizuho Test Partior Blockchain FX PvP Solution
2024-07-05 21:16:05
Partior in Singapore has completed a proof-of-concept for foreign exchange payment-to-payment (PvP) settlement, with participants including JP Morgan, DBS Bank, and Mizuho Bank. PvP settlement eliminates settlement risk by exchanging two currencies simultaneously. Partior's solution supports 24/7 real-time atomic settlement and is scheduled to be launched later this year.
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